The cycles call for EUR/USD to peak today and then decline for two weeks. The 1.3550 to 1.3570 area will hold and is a great place to sell. It will then decline to early next week and test 1.3330. A close below this level will confirm a decline into late in the week of January 31 and our target is 1.2960. It should then turn higher to early March when a significant peak is due, but we don’t expect it to prove impressive and the 1.3570 area will hold. The euro should then begin a decline lasting several months. Only a close above 1.3570 will imply...
,